Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.41B |
| 2 |
Apple
AAPL
|
+$949M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$788M |
| 4 |
Microsoft
MSFT
|
+$654M |
| 5 |
Broadcom
AVGO
|
+$568M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$1.26B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$702M |
| 3 |
Tesla
TSLA
|
+$694M |
| 4 |
Micron Technology
MU
|
+$601M |
| 5 |
Strategy Inc
MSTR
|
+$512M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.97% |
| 2 | Financials | 0.89% |
| 3 | Consumer Discretionary | 0.83% |
| 4 | Healthcare | 0.75% |
| 5 | Communication Services | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VISN
2326
CALL
Vistance Networks Inc
VISN
$2.66B
| $13M | ﹤0.01% |
2,494,100
-217,000
| -8% | -$1.21M |
|
2327
PUT
Pentair
PNR
$10.6B
| $13M | ﹤0.01% |
129,100
+64,600
| +100% | +$6.62M |
|
2328
CALL
Liberty Media Series C
FWONK
$26B
| $13M | ﹤0.01% |
140,100
+10,200
| +8% | +$866K |
|
2329
PUT
Chord Energy
CHRD
$7.51B
| $13M | ﹤0.01% |
110,900
+24,100
| +28% | +$3.03M |
|
2330
Nasdaq
NDAQ
$54.2B
| $12.9M | ﹤0.01% |
167,435
+20,967
| +14% | +$1.62M |
|
|
JNPR
2331
PUT
DELISTED
Juniper Networks
JNPR
| $12.9M | ﹤0.01% |
345,600
+234,000
| +210% | +$8.85M |
|
2332
Western Digital
WDC
$175B
| $12.9M | ﹤0.01% |
286,728
-34,388
| -11% | -$1.73M |
|
2333
PUT
Ormat Technologies
ORA
$7.06B
| $12.9M | ﹤0.01% |
+190,800
| New | +$14.7M |
|
2334
PUT
Lattice Semiconductor
LSCC
$18.5B
| $12.9M | ﹤0.01% |
227,500
-90,000
| -28% | -$4.94M |
|
|
CMA
2335
DELISTED
Comerica
CMA
| $12.9M | ﹤0.01% |
208,326
+115,136
| +124% | +$7.48M |
|
2336
CALL
Check Point Software Technologies
CHKP
$13.4B
| $12.9M | ﹤0.01% |
69,000
-45,100
| -40% | -$8.49M |
|
2337
CALL
Bakkt Inc
BKKT
$342M
| $12.9M | ﹤0.01% |
519,600
+193,200
| +59% | +$3.58M |
|
2338
PUT
Medpace
MEDP
$16.1B
| $12.9M | ﹤0.01% |
38,700
-47,000
| -55% | -$15.9M |
|
|
WCN
2339
PUT
Waste Connections
WCN
$41.8B
| $12.9M | ﹤0.01% |
74,900
+65,200
| +672% | +$11.8M |
|
2340
TotalEnergies
TTE
$196B
| $12.9M | ﹤0.01% |
235,804
+48,463
| +26% | +$2.95M |
|
2341
The Ensign Group
ENSG
$10.6B
| $12.8M | ﹤0.01% |
96,471
+4,066
| +4% | +$591K |
|
2342
PUT
Martin Marietta Materials
MLM
$32.9B
| $12.8M | ﹤0.01% |
24,800
-53,700
| -68% | -$30.5M |
|
2343
PUT
Plains All American Pipeline
PAA
$16.9B
| $12.8M | ﹤0.01% |
749,600
-260,000
| -26% | -$4.52M |
|
2344
CALL
Tidewater
TDW
$4.69B
| $12.8M | ﹤0.01% |
233,700
+105,500
| +82% | +$6M |
|
2345
PUT
Texas Roadhouse
TXRH
$13.6B
| $12.8M | ﹤0.01% |
70,700
-2,400
| -3% | -$452K |
|
2346
PUT
MarketAxess Holdings
MKTX
$5.72B
| $12.7M | ﹤0.01% |
56,400
+35,600
| +171% | +$9.37M |
|
2347
CALL
Globe Life
GL
$14.1B
| $12.7M | ﹤0.01% |
114,300
-67,600
| -37% | -$7.29M |
|
2348
CoStar Group
CSGP
$13.1B
| $12.7M | ﹤0.01% |
177,940
+91,095
| +105% | +$6.88M |
|
2349
CALL
DigitalOcean
DOCN
$15.3B
| $12.7M | ﹤0.01% |
373,600
-187,700
| -33% | -$7.36M |
|
2350
InterDigital
IDCC
$8.87B
| $12.7M | ﹤0.01% |
65,698
+39,512
| +151% | +$6.91M |
|
Similar funds
Susquehanna International Group's Q4 2024 Portfolio in Review
As of Q4 2024, Susquehanna International Group held 13,659 positions worth $663B, up 16% from $572B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Susquehanna International Group deployed $61.2B of net new capital in Q4 2024, opening 1,863 new positions and adding to 5,386 existing holdings. Its largest new stake was State Street SPDR S&P 400 Mid Cap Value ETF: 1,000,000 shares worth $80.2M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.8% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was iShares 20+ Year Treasury Bond ETF, an estimated $1.26B trimmed.
- Susquehanna International Group's largest Q4 2024 buy was State Street SPDR S&P 400 Mid Cap Value ETF: 1,000,000 shares worth $80.2M.
- Susquehanna International Group added most to Invesco QQQ Trust in Q4 2024, an estimated $1.41B increase.
- Susquehanna International Group's biggest Q4 2024 reduction was iShares 20+ Year Treasury Bond ETF, cutting an estimated $1.26B.
- Susquehanna International Group fully exited NextEra Energy 7.299% Corporate Units in Q4 2024, selling an estimated $112M.
- Susquehanna International Group's ten largest holdings make up 28% of its $663B portfolio in Q4 2024.
- Susquehanna International Group opened 1,863 new positions and closed 1,590 in Q4 2024.
- Susquehanna International Group's portfolio value rose 16% quarter-over-quarter to $663B.
Based on Susquehanna International Group's 13F filing for Q4 2024, filed 14 Feb 2025.